Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 16147 shares traded. The stock had previously closed at C$0.05.
Edgewater Wireless Systems Stock Down 11.1%
The business has a fifty day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.05. The company has a current ratio of 0.48, a quick ratio of 0.04 and a debt-to-equity ratio of -52.16. The company has a market cap of C$9.54 million, a PE ratio of -4.00 and a beta of -0.83.
About Edgewater Wireless Systems
Edgewater Wireless Systems Inc develops and commercializes technologies and intellectual property for the wireless communications market in North America. The company provides IP Licensing, Wi-Fi spectrum slicing solutions, dual channel Wi-Fi; wireless access points and associated peripheral equipment and support services; and PowerZoning, a channel power control product for multi-channel single radio Wi-Fi networks. It also offers spectral surveillance architecture. The company was formerly known as KIK Polymers Inc and changed its name to Edgewater Wireless Systems Inc in January 2012.
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